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4122
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: December 27, 2016, 04:42:20 PM
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I'm reading all these posts to my wife and explaining what's happening. Guess what? She's shows no interest as usual just like the general public.
I suppose she is sick of listening to it all from me for the past few years.
Well, that sounds fun for her lol. "What we doing tonight, hun? Restaurant, movies, a club?" "No, we're reading the Wall Observer thread again. JJG says something about a cost averaging strategy." Sometime this thread needs a like button |
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4131
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: December 20, 2016, 09:44:34 AM
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Loving the ping pong - enough volatility to hit a few of my sells and then drop a little so I can buy 'em back and accumulate MOAR! XMR looking chipper though, Dotto - I trust you're well, Sir? Fantastic, Kurious. A bit disconected from crypto this time, waiting for the big tide  Dunno how you make profit on tiny 1% shifts, don't the fees swallow all that? |
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4134
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation
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on: December 20, 2016, 08:51:52 AM
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@TrueCryptonaire. How can you say that if growth starts to accelerate, the risk of a correction will be imminent? That is counterintuitive. Should it not be the opposite? If the growth is growing, the risk of a correction will become smaller and smaller.
I also want to ask how is the growth of Monero use in the darknet market place? Are more vendors using it?
I refered to the speculative bubbles which often pop. That being said, the bubbles pop at higher level than started initially. In case of organic growth it is exponential indeed (if there are 2 people using it and each convince 1 people, the userbase is 4. But if 4 uses and convinces 1 user each, the growth is twice as high as it was 2 preachers preaching the good news). Monero is far far from being a mature project in order to dumps being eaten by the markets. Bitcoin has reached closer to that point but even it is still too small for being stable. However, chances are good Monero will develope at faster rate than btc thanks to the second mover advantage. I have no idea how much vendors use XMR but unfortunately we cannot prevent the junkies and criminals using the best alt. Ok I get it now. Thanks for clarifying. That is natural in any market and we have to try our best to be in right side of it. In the topic of junkies and criminals using Monero, is it not exactly that where its real, organic value comes from? We have to accept that the perfect use case for anonymous cryptocoins is exactly for the darknet. Its one case. But really good is the ability to pay someone and not have then see everything you spent in the past or future or where, or how much you have etc. |
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